Elegran Edge
The Real Estate Blog

What is Elegran Edge? It’s the blog where we bring together the biggest and best stories from our neighborhood blogs and agent blogs. If it’s happening in Manhattan real estate, you can find it here.

Articles about "Manhattan Development"

  • The Odd Couple: New York City’s Relationship with the UN By Bryan Gamble | September 25, 2013

    The annual United Nations General Assembly is underway once more and is treating New York City to a plethora of traffic nightmares amongst road closings and heightened security for the next two weeks. In addition to the promise of diplomatic battles between nations attempting to work out solutions to a host of recent controversies and political developments, an old question has been rekindled among New Yorkers: Is it really worth it for New York to host the UN Headquarters?

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  • SuperPier Takes Pier 57 From Dismal to Deluxe By Olivia Smedley | September 09, 2013

    Pier 57 in Chelsea now has a name that fits perfectly with the description of unique things to come in its redevelopment. Using a term coined by Popular Mechanics magazine in 1952, SuperPier will be a state-of-the-art home for market activity, culture, and entertainment.

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  • Imitation is the Sincerest Form of Flattery By Joel Bennett | July 10, 2013

    A fifteenth century fishing village named Yujiapu is now the site of a historic architectural undertaking that is bound to stand as a monument to China’s newfound fondness for lavish, over-the-top development projects: Manhattan 2.0. Just outside the republic’s fourth most populous metropolis of Tianjin, construction is already well underway. Following a popular trend of building functional replicas of distinctly European cities and structures, the copy-cat development of the classic New York City skyline is apparently meant to serve as the “largest single financial center in the world”, according to a 2011 article in The Atlantic. If this monstrosity sounds a little too ambitious, you aren’t alone.

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  • Seth Pinsky: Growing a City During a Drought By Joel Bennett | June 24, 2013

    With November looming on the horizon, much is being said about Michael Bloomberg’s rollercoaster Mayoral stint. After inheriting a city in post-9/11 shock, he helped guide New York through its most trying times in recent history. Seth Pinsky, selected by Mayor Bloomberg as President of the New York City Economic Development Corporation, was an integral part of what can safely be considered a restructuring machine – a man who can make the best of an unfortunate turn.

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  • Woo's Pier 57: A New Cultural Hub for Chelsea on the Horizon By Joel Bennett | June 06, 2013

    Young Woo is considered an intrepid in the world of development. He’s forward thinking, straying just far enough outside the box to keep tentative plans realistic and feasible, but not so far as to scare off potential investment. Back in 2009, he was able to beat out stiff competition with a novel design plan to convert Pier 57 into a hub for public market activity, housing local retailers and artisans. The plan was unanimously approved by the City Council in April, and has already leased spaces for several shops over the Summer.

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  • The Charles Launching Sales on May 1 By Aby Thomas | April 17, 2013

    Good things come to those who wait, and so, while the condominiums at The Charles on 1355 Fifth Avenue may have taken a long while to come on the market, it is safe to say that these luxury homes were certainly worth the wait. According to a report in Curbed New York, The Charles, which has been in the works since October 2008, got its offerings plan approved last week, and the building now plans to launch sales in early May.

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  • Sellers Mimicking Developers, Testing the Market Then Repricing By Ryan Daley | January 16, 2013

    Analysis and Reporting By J. Thomas. With Manhattan inventory levels near all-time lows and housing demand strong, sellers are increasingly finding themselves with the ability to leverage their valued commodity in ways that would have been seen as totally unrealistic just a few short years ago.

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  • Brookfield’s Manhattan West Breaks Ground at Hudson Yards By Aby Thomas | January 16, 2013

    Ever since it was first announced, New York City’s real estate aficionados have been closely following the Hudson Yards redevelopment project, with the undertaking expected to completely transform Manhattan’s real estate scene from the way it is today. Several of the city’s top developers are involved in the project, including big players like Related Companies, Brookfield Office Properties and Extell Development Company. While Related has their groundbreaking ceremony in December, Brookfield had theirs earlier this week on Tuesday, signaling the start of work on the $4.5 billion Manhattan West development on 33rd Street and Ninth Avenue.

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  • Hudson Yards: A City Within A City By Aby Thomas | November 20, 2012

    “In a place where dreams and ambitions are limitless, land is not.” That line, taken from the New York City Department of City Planning’s website, is perhaps the best way to describe why the Hudson Yards Redevelopment Project is so important for the growth and sustenance of New York—or, more specifically, Manhattan—as the place to be for businesses and offices not just in America, but around the world as well. With Manhattan literally running out of space for new office construction, Hudson Yards, the area bounded by West 42nd and 30th Streets from Eighth Avenue to the Hudson River, seems to be the borough’s best bet for its development needs.

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  • NYC in Talks to Host the World’s Largest Ferris Wheel By Gabrielle Hughes | June 28, 2012

    New York Harbor may soon feature a striking addition, as plans to build a giant Ferris Wheel near the Staten Island Ferry Terminal are beginning to surface. Similar to the London Eye, the observation wheel would allow visitors to look out over various parts of New York City - especially Ellis Island and the Statue of Liberty - and open up new mile-long views of Manhattan and the outer boroughs.

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